https://www.taxtmi.com/article/detailed?id=1831 Section 66E(e) (inserted by Finance Act, 2012) classifies agreeing to refrain from an act, to tolerate an act or situation, or to do an act as a declared service liable to service tax when provided for consideration, thereby capturing transactions-including non-compete agreements and payments for cancellations, forfeitures, compensations, demurrage or detention-where a party receives consideration for performing or foregoing actions. en-us Fri, 27 Jul 2012 10:28:50 +0530 Fri, 27 Jul 2012 10:28:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1831 Section 66E(e) (inserted by Finance Act, 2012) classifies agreeing to refrain from an act, to tolerate an act or situation, or to do an act as a declared service liable to service tax when provided for consideration, thereby capturing transactions-including non-compete agreements and payments for cancellations, forfeitures, compensations, demurrage or detention-where a party receives consideration for performing or foregoing actions. Articles Service Tax Fri, 27 Jul 2012 10:28:50 +0530 https://www.taxtmi.com/article/detailed?id=1831